Current known details per BoH forum.
Salary Cap
Y1: 60M ceiling but teams can spend up to $70.2M, 44M floor
Y2: 64.3M ceiling, 44M floor
Y3 - Y10: Players will receive 50% of HRR. Ceiling may not drop below 64.3M. Cap floor remains 16M below ceiling
No cap on escrow
Cap escalator
Contracts
7 year max. 8 years if re-signing with same team
Max 35% variance year-over-year
Max 50% variance between lowest year and highest year of contract
Make Whole Provision
Players will receive $300 million in transition payments over three years
Pension
Switched to Defined Benefit Plan, paid for out of NHLPA share. Any losses from fund will be covered by NHL share
Arbitration
Teams may not walk away from award unless award is at least 3.5M (Clarke MacArthur Clause)
Revenue Sharing
$200M, increasing with revenue growth
$60M "Industry Growth Fund", funded by NHL and NHLPA over 3 years and replenished as needed
Compliance Buyouts
2 per team, that can be used over the next two off-seasons, counting against players' share of HRR
Salary Retention in Trades
Teams permitted to retain up to $5M in a trade
Max retention of $3M for a single player
Supplemental Discipline
Brendan Shanahan is still the first judge
Appeals for suspensions of 1-5 games will be heard by Gary Bettman
Appeals for suspensions of 6+ games will be heard by neutral third party arbiter
Draft Lottery
All 14 non-playoff teams will have a shot at the #1 overall pick
Misc
10 year CBA with opt-out clause for each side that kicks in after Y8
Start of free agency period remains July 1
No decision regarding realignment has yet to be made for this or next season
Olympic participation will be decided by joint NHL-NHLPA committee on a future date outside of CBA framework
Minimum player salary is 525k (2011 rate) but will grow to 750k by Y9 and Y10 of new CBA
No changes to eligibility for salary arbitration or free agency
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